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The Players

Find your favorite government employee/financial genius here.

Even though "corrupt" may be a strong term from a legal standpoint, the amazing relationship between pay from the private sector and influence from the government responsibilities, makes for symbiosis that at best, is a bit suspect.

The argument is that expertise in the business is necessary to provide government guidance for oversight and regulation. Since neither seems to be happening, what's the point?


Life is Good!
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Pooh-Bah
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Goldman Sachs. Jesus, God in heaven, will we ever see an end to what Goldman Sachs has done/is doing to this country? Will anyone who worked for or works for Goldman Sachs ever go to jail?



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You, you and you, panic. The rest of you follow me.
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No. And No


How eager they are to be slaves - Tiberius Caesar

Coulda tripped out easy, but I've changed my ways - Donovan
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stranger
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If the Shearson Lehman guys on Obama's Cabinet have anything to do with it they will.

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It's the Despair Quotient!
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It's the Despair Quotient!
Carpal Tunnel
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Impotent rage distills into something much more volatile.
Only problem is, it takes time, sometimes too much time.


"The Best of the Leon Russell Festivals" DVD
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Quote
Impotent rage distills into something much more volatile.
Only problem is, it takes time, sometimes too much time.

Yeah... the really funny part of Congress, the Financial Industry, and the Public, is that absolutely no one in the Public, has the foggiest idea about what is going on with Financial Reform.

1300 pages of financial reform is the result of nearly a year's work on the part of the financial industry... to obfuscate.

No one in the media... in the blogs... anywhere in the public forum has put together an explanation of what is going on behind the scenes. The Healthcare Bill is a model of clarity and simplicity compared to Financial Reform.

Put aside (for the moment) the fact that the very highest ranking Government Officials, who are charged with setting the parameters for regulating the Industries, have spent their earning years in blocking those same controls. Consider that the Reform Bill has been in the works now for well over a year...

Now... See if you can come up with three or four items out of that 1300 page bill... and if you could explain how the new rules would affect the banks, or the public?

It's the mushroom syndrome... the government approach to the public interest..
"Feed them a lot of manure, and keep them in the dark."

Aside from the complaint cited in the linked article, and a few more bits and pieces, the information about the bill is fraught with confusion and misdirection.

The amount of propaganda that backs the vested interests amounts to a literal "rape" the country.

This article is evidence of the carefully crafted game of words that is being leaked, piecemeal, to effect damage control for the industry.
Article

... And sometime in the future, when the historians pick their way through the events leading up to the collapse of the economy, it will all be clear.






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Thanks much itstarted for your comments and the link material. : )

Where does this end? Surely not well for us;ie.,"WE the people".

They've reduced the U.S. to that of a broken, emergent "banana republic" police state.

As an' old hillbilly might say..."we're in a heap o' trouble boy/gal"...!? : |

If this were 1878 you'd hear the cry for gettin' the ropes, tar, feathers and many sharp edged rails to take care of business.

It must be the antidepressants, the water or simply the "boob tube" that's reduced this nation to the level of passively grazing, farting, complacent sheep. : |

*****

"A nation of sheep will beget a government of wolves." - Edward R. Murrow

*****

Carl Nemo **==






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